Insurance Laws (Amendment) Bill, 2015 amend the Insurance Act, 1938 and the General Insurance Business (Nationalisation) Act 1972 and the …
What is Work-based and Personal Pension?
What is a work-based pension? A work-based pension scheme is set up by an employer to provide a way for …
What are the Advantages of Saving into Pension?
These are two advantages of saving into Pension: 1- Tax Relief – The taxman will give following tax relief (under …
What is a Pension Plan?
What is a Pension? The english dictionary defines the word pension as “a fixed amount, other than wages, paid at …
Pension Terms You Must Know
Annuitant This is a person who receives, or is entitled to, an annuity. Annuity This is a fixed amount of …